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Hi,
It's all Ebb and Flow. A Company riding high never anticipates a time when their fortunes wane, all the while they become the Benchmark which their competitors shoot for.
Add to this that greater Public Ownership causes Management to adopt Short Term Thinking and Goals, loosing some semblence of the Broader Picture.
Porsche's 'Miraculous' rise had much more to do with the Cayenne than it did with either the Boxster or 911. Boxster Sales have never been truly remarkable and the 911's Sales were slipping until just 18 mos. ago.
IBM's problems really began in the early '80's when their Corporate-tainted vision prevented them from ever seeing the PC overshadow the Main Frame and Mini-Frame - IBM's Bread & Butter. I mean the ThinkPad wasn't even introduced until 1992!
By the time they came to their senses, the Competition had already left them in a hole so deep that they never truly recovered. Their PC Manufacturing Business was sold to Lenovo Group Limited, formerly known as Legend Group Ltd., in the PRC, further widening our Trade Deficits.
But, back on point, if Porsche doesn't lose that Inbred Mentality, they could go the way of the Snail Darter in a relatively few years.
As Bruce rightly points out, it's time to Wake Up to what the Competition is offering and what the Consumer Wants. IMHO, the Snooze Alarm has been hit too many times already...
Happy Motoring!... Jim'99
Last edited by MNBoxster; 03-10-2006 at 08:22 PM.
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